Key Terms
This term means the government has some control, but people and businesses also make decisions.
Mixed Economy
Israel has this type of government where citizens vote for lawmakers
Parliamentary Democracy
An economy where supply and demand decide prices
This natural resource is the most important export for many Southwest Asian countries.
Oil (Petroleum)
This country is known for its strong technology and service industries.
Israel
A government ruled by a king or queen
Absolute Monarchy
Saudi Arabia is ruled by a king, making it this type of government.
Absolute Monarchy
No country has this type of economy because it has zero government involvement.
Pure Market economy
Countries in Southwest Asia must trade because they lack this essential resource.
Fresh water
This country relies heavily on oil and is trying to diversify its economy.
Saudi Arabia
A country that earns money from many different industries has this type of economy
Diversified Economy
Turkey has this type of government where a president is elected by the people.
Presidential Democracy
Saudi Arabia leans toward this type of economy because the government controls oil.
Command‑leaning Mixed Economy
The organization that controls much of the world’s oil supply.
OPEC
This country has a mix of agriculture, tourism, and manufacturing.
Turkey
A government where citizens vote for leaders to represent them.
Democracy
In this system, the head of government is chosen by the legislature, not directly by the people.
Parliamentary Democracy
Israel leans toward this type of economy because private businesses make most decisions.
Market‑leaning Mixed Economy
Israel trades technology and medical equipment because it lacks this type of land.
Farmland / arable land
This country has a parliamentary democracy and a president.
Israel
A system where the government makes all economic decisions.
Command Economy
The leader of Saudi Arabia gets power through this method instead of elections.
Hereditary Succession
Turkey’s economy is considered this because it has both government control and private business.
Mixed Economy
When a country depends on one major export, its economy is considered this.
Undiversified
This country has a president elected by the people and a history of military influence.
Turkey